EQT is partnering with the Qatar Investment Authority and Porsche Automobil Holding as it prepares a binding offer for Volkswagen’s marine engine division, Everllence, in a deal that could value the business at more than €8bn, according to a report by Bloomberg.
The report cites unnamed sources familiar with the process as highlighting that Volkswagen has asked interested parties to submit the next round of bids in early June. EQT is expected to participate through a consortium that includes QIA...
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